Introduction to Project Management Basics

Overview

What We'll Be Covering

Learn more about how project management matters and why it's become so widespread in the modern workplace. Take a deeper look into careers in project management.

Project Management basics

Project management is everywhere in today’s modern workplace, across organizations of every size, industry, and location.  When done right, it helps projects run more smoothly and successfully completed in a timely and efficient manner.

A basic definition is the use of specific processes, methods, skills, knowledge and experience to complete defined objectives according to a set of project criterion. Often these criteria include a finite timeline, budget and resources.
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What Are Projects?

Projects, like this program, are by nature temporary, with limited timeframes and specific deadlines for delivering the desired outcome.  So, project management ensures everything is delivered as planned.
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Who Do Companies Need Project Management?

Much like you have other day-to-day activities which take up your time and focus, this is the same in any workplace where projects must balance with those everyday events for everyone on the team.

What makes this even more important is that as more and more companies and teams have shifted to working remotely, from home or even on different continents the need for project management has increased to keep everyone on the same page.

Project management enables:

• Greater communication within the team.
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• Better prioritization
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• Be more alert and ready to adjust when needed.
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• Increase your likelihood of being on time and on budget.
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You've Likely Already Project Managed Before.

Here's the thing, you likely already have some project management skills without even realizing it. Think to a time you coordinated a get-together with friends or planned a birthday party? Well, that's project management in action.

Just as you likely have your own unique approach to planning everyday activities, companies have their own ways of doing project management too. They use different methodologies and tools that suit their needs. But the goal is always the same - to increase the chances of success for the project they're working on.

Understanding and applying project management frameworks is a valuable skillset that many companies look for in candidates. It'll help you get your work done, prioritize tasks, improve your communication skills, manage risks, and learn from past experiences.

To get you started with the basics please download the following PDF and learn more.

Project Management
Fundamentals

Project Management careers

Project management, despite a relatively new role, is well-compensated, with salaries varying by experience and location.

On average, in the United States, project managers earn around $80,000 to $150,000 per year, depending on the industry and level of expertise. This pay scale is competitive, often surpassing salaries in many other career fields, making project management an attractive career choice for those with strong organizational and leadership skills.

The skills and experiences of a project manager can help these individuals switch careers easily in the future. This implies that there are promising avenues for career advancement, as project managers frequently possess the abilities and industry connections to establish their own enterprises.